BrieflyUBS Securities files appeal with SAT
MUMBAI: The Swiss investment firm, UBS Securities on Tuesday filed an appeal with the Securities Appellate Tribunal (SAT) against the ban order issued by the Securities Exchange Board of India (SEBI) for its failure to comply with the relevant ...

SAIL's go-ahead to new projects
NEW DELHI: Going ahead with its expansion plan, the board of directors of Steel Authority of India on Tuesday sanctioned implementation of eight important projects at a total investment of about Rs. 300 crore. Out of these, three have been ...

Essar Steel increases capacity
MUMBAI: Essar Steel has increased the capacity of its hot rolled pickled and oiled products (HRPO) mill at its steel complex in Hazira. The mill now has two HRPO lines with a combined annual production capacity of 1.3 million tonnes from the ...

China, ASEAN set to reduce tariffs
BEIJING: Ahead of the establishment of a Free Trade Area (FTA), China and the Association of Southeast Asian Nations are scheduled to lower tariffs on traded industrial goods from July 20, the Chinese Ministry of Commerce said here. The tariff ...

MRF opens service outlet
COIMBATORE: Universal Tyres, a franchisee of MRF, opened an outlet at Ramanathapuram here on Monday by its General Manager, Sales, Southeast, George Mani. This is the fourth such MRF outlet here and 20th in the State, Mr. Mani said. Similar ...

Sri Lankan Airlines handles record cargo
NEW DELHI: Sri Lankan Airlines' cargo centre at the Bandarnaike international airport at Colombo handled an all-time high 1.47 lakh tonnes of cargo during last year and appears poised to better its cargo handling performance this year. In April, ...

Calsoft net profit up
CHENNAI: California Software has reported revenue of Rs. 48.86 crore for the year ended Mach 31, 2005 against Rs. 37.80 crore, a growth 29 per cent over the previous year. The operating profit is higher at Rs. 6.35 crore against Rs. 5.87 ...

Pitti Laminations to issue shares and warrants
CHENNAI: Pitti Laminations will offer 15.90 lakh equity shares of Rs. 10 each at a premium of Rs. 62 on a preferential basis and also issue 4.10 lakh warrants at the same price. According to Sharad S. Pitti, Chairman and Managing Director, the ...

TIBCO brings AJAX accelerator program
BANGALORE: TIBCO Software Inc., a leading business integration and process management software company that enables real-time business, on Tuesday announced the availability of its AJAX Accelerator Program at the 2005 JavaOne conference in San ...

Aventail SSL VPN wins award
BANGALORE: Aventail EX-1500 Smart SSL VPN won the Mobility Product of the Year by Techworld.com Network Awards. Aventail is the only SSL VPN vendor to receive this year's IDG award, which recognises the very best in every field of the ...

SatNav Tech introduces navigation system
HYDERABAD: SatNav Technologies announced the launch of a navigation system `SatGuide'. Amit Prasad, Managing Director, said in a release here on Tuesday that SatGuide was a pocket PC-based touch screen navigation device, enabling users to ...

Surana division to deal with Hisense products
HYDERABAD: The newly created consumer electronics division of Surana Telecom has been appointed authorised representative of Hisense for dealing with their products in the entire Indian market. Narender Surana, Managing Director, Surana Group, ...